None of this is hard to see.....when a nation borrows over $25 Trillion in a few years....spends like drunken sailors......and the banks cut off credit.....pretty much everything starts shutting down. Especially government when few are paying taxes.

I've said back in 2008 that we are basically on a 1 way track to having to "forgive" everyone of their debts....and building a new currency off of something tangible rather than just paper.

I am in favor of building a new currency to replace the Dollar that is based on "OIL," not GOLD or SILVER or PLATINUM... ...OIL....

America has the Strategic Oil Reserves which contain tons and tons of Oil.... America can at anytime gather up more oil and store it in..... There's tons of oil still remaining untapped....

We could be drilling in Anwar...Drilling offshore....this year created over 200 discoveries around the world of new Oil sites or Oil Wells... The prospect of OIL is UP UP UP UP..... So a currency based off of OIL just makes sense to me.